Category: oilsands

A rally calling for the immediate construction of new pipelines was held Tuesday in a central Alberta town that’s been particularly hard-hit by the oil price differential that’s been inflicting economic pain across much of the province. Hundreds of people turned up at the demonstration outside the Clean Energy Technology Centre in Drayton Valley, Alta.,…

Imperial Oil Ltd.’s commitment to begin construction this year on its $2.6-billion Aspen oilsands project in northern Alberta comes less than a week after it received long-awaited approval from the Alberta government. The speed of the announcement Tuesday surprised observers who have watched Calgary oilsands rivals including Canadian Natural Resources Ltd., Cenovus Energy Inc. and…

The developer of the Keystone XL oil pipeline plans to start construction next year, after a U.S. State Department review ordered by a federal judge concluded that major environmental damage from a leak is unlikely and could quickly be mitigated, a company spokesman said Monday. TransCanada spokesman Matthew John said the company remains committed to…